LOCG LLC, headquartered in Seattle, WA., Is a premier federal professional services company, primarily engaged in providing facility support management, staffing and recruitment, information technology, and security services.
Reports to:
This position reports to the Managing Member or his/her designee.
Job Title: Corporate Budget Officer/ Analyst
Job Summary:
As a Budget Analyst, you will be responsible for analyzing financial data, developing budget plans, and monitoring spending to ensure fiscal responsibility and efficiency within the organization. Your role will involve collaborating with various departments to create accurate budgets, conducting financial forecasting, and providing insightful recommendations to support strategic decision-making.
Responsibilities:
- Budget Development:
- Collaborate with department heads to develop annual budget plans based on organizational goals and priorities.
- Analyze historical financial data, revenue projections, and expenditure trends to inform budget allocations.
- Ensure budget proposals align with organizational objectives and regulatory requirements.
- Assign procurement dates to align with cash flow and operations
- Allocated travel and operational expenses to the projects based on budgets
- Financial Analysis:
- Conduct detailed financial analysis to evaluate budget proposals, identify cost-saving opportunities, and mitigate financial risks.
- Monitor spending patterns, variances, and financial performance against budget targets.
- Provide timely and accurate financial reports and analyses to stakeholders.
- Forecasting and Planning:
- Prepare long-term financial forecasts and projections to support strategic planning and decision-making.
- Assess the financial impact of proposed initiatives, programs, or investments.
- Identify potential budget constraints or funding gaps and recommend solutions.
- Budget Monitoring and Compliance:
- Monitor budget execution and expenditures to ensure compliance with approved budgets and financial policies.
- Identify deviations from budget plans and collaborate with stakeholders to address discrepancies.
- Conduct periodic audits and reviews to ensure the accuracy and integrity of financial data.
- Financial Reporting:
- Prepare regular and ad-hoc financial reports, presentations, and dashboards for management and stakeholders.
- Communicate budget status, forecasts, and financial insights effectively to non-financial stakeholders.
- Assist in the preparation of financial statements and regulatory reports as required.
- Process Improvement:
- Identify opportunities to streamline budgeting processes, enhance efficiency, and improve data accuracy.
- Implement best practices in budget management, financial analysis, and reporting.
- Stakeholder Collaboration:
- Collaborate with cross-functional teams, including finance, accounting, and departmental managers, to gather input and ensure alignment of budget plans with organizational objectives.
- Provide guidance and support to departmental staff on budget-related matters.
